The import of plastics and articles thereof to Chile shows a fluctuating trend over the past decade. From 2013 to 2023, the values experienced both declines and growths, with significant dips in 2016 and 2020 followed by recoveries in 2017, 2018, 2021, and slight increase in 2023, standing at 2.6183 Billion US Dollars.
Over the last two years, the year-on-year variations were a 7.25% increase in 2022 and a 1.81% increase in 2023. The average Compound Annual Growth Rate (CAGR) over the last five years was 0.062%, indicating minimal overall growth in this period.
Forecasted data from 2024 to 2028 suggests a steady increase, with a forecasted CAGR of 1.42%, leading to a cumulative growth rate of 7.29% by 2028.
Future trends to watch for include potential impacts from global supply chain changes, trade policies, and technological advancements in plastic recycling and sustainability measures which may influence import dynamics in the long term.
